Jeff, Sorry about the late response, I just found the message. Regarding
my opinions on PSFT, I've seen this pattern year after year. This week,
Dec.2..they're having their user's conference in Cal. Usually, it runs up.
The stock split should also be recorded. These 2 factors,(barring the bottom
falling out of the market), should equate to a 48-49.00 after split price.
The following week should be interesting. I'm guessing a drop to 38-40.
I'm assuming that's prompted by tax selling. It then flys up again in January,
after, I'm assuming stunning numbers, dare I say to the 55 range. I'm using
previous charts, gut feelings and any other info I can get. Once again,
it's simply an opinion. As long as we're right more than wrong and act
appropriately, I consider it successful.
Best Regards, Joe |
